Koriella

Koriella, VIC 3714 is a small suburb with a total population of 66 residents. The demographic skews towards older age groups, with a significant number of residents aged 45 to 64 years and 65 years or over. The median mortgage repayments are comparatively high, while the median household income is moderate. The suburb has a diverse occupation mix, with a notable presence of managers. The residents commonly commute by motor vehicle or work from home. Given the demographic composition of Koriella, investors may find opportunities in providing housing solutions suitable for older residents. With an older population and a significant percentage of residents working from home, there may be a demand for units that offer facilities catering to the needs of retirees or individuals looking for a peaceful living environment with opportunities for remote work. Koriella, VIC 3714 is a small suburb with a mature demographic profile, high median mortgage repayments, and a diverse occupational structure. Investors focusing on housing solutions for older residents, incorporating features for remote work, may find potential opportunities in this suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022